When it comes to trading options, understanding where market participants are showing interest can give you valuable insight into potential opportunities. Market Chameleon’s Bull Put Spread Screener is designed to help you uncover exactly that—by combining real-time trading volume with implied volatility (IV) data, so you can make more informed decisions.
In this tutorial, you’ll learn how to use filters that highlight active trading volume and IV lean, two critical indicators that can help you gauge sentiment and relative value in the options market. By analyzing where the activity is concentrated, you can identify put spread setups that may offer more favorable entry points, better liquidity, and alignment with broader market sentiment.
The screener gives you the flexibility to refine your search by expiration, strike distance, and other parameters—helping you quickly zero in on opportunities that meet your specific trading style. Whether you’re a conservative income trader looking for bullish credit spreads or an experienced options trader managing risk in a volatile environment, the tool provides a structured way to compare spreads and interpret market data more efficiently.
One of the most powerful aspects of Market Chameleon’s analytics is how it allows you to see what other traders are doing through volume and volatility changes. If you notice an increase in activity coupled with a bullish IV lean, it may suggest that traders are positioning for upward price movement. Conversely, lighter volume or neutral IV readings can indicate less conviction or uncertainty.
By layering these insights together, you can use the screener not only to find potential trades but also to better understand the forces shaping option pricing and sentiment. It’s an approach that keeps you data-driven, informed, and focused on process rather than prediction.
?? Tool Used: Market Chameleon Bull Put Spread Screener
All information presented is for educational and informational purposes only. Nothing contained herein should be considered investment advice or a recommendation to buy or sell any security. Options trading involves risk and may not be suitable for all investors. Always conduct your own due diligence and consult a licensed financial advisor before making investment decisions.